President Donald Trump tried to rewrite his father's will in 1990 to strengthen his position as the only person to inherit his father's estate, according to a bombshell New York Times report about Trump's and his family's tax practices.
But Fred Trump foiled the attempt, as he feared his son could strip his estate and use it to rescue his own failing businesses, The Times reported, citing depositions and other documents it obtained.
Donald Trump had sent his father a document that would make him the sole executor of the estate and protect his portion of his inheritance from creditors and his impending divorce settlement, according to the report.
Fred Trump, then 85, had not seen the document before but was instructed to sign immediately, The Times reported. He saw the move as an attempt to go behind his back.
He showed the document to his daughter Maryanne Trump Barry, a federal judge at the time. She recalled in her deposition that he told her, "This doesn't pass the smell test," The Times reported.
Then Fred Trump had lawyers draft new documents stripping his son of sole control of the estate. Notes from those lawyers cited by The Times show that Fred Trump's instructions were to "protect assets from DJT, Donald's creditors."